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Thompson&#39s Group appoints AWD chief operating officer

Thompson&#39s Group is appointing German financial adviser firm AWD&#39s chief operating officer Friedemann Derndinger as chairman for the business&#39s UK arm.

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No crisis says Standard

Standard Life says it is in no financial difficulty and that discussions with the FSA over new solvency requirements are not crisis talks. Responding to newspaper reports that its spare capital is likely to fall to £2.5bn from £6bn under new reporting rules to come in next year, the life office says it expects later […]

Standard Life says announcement coming tomorrow

Standard Life has today released a statement saying it is hopeful of making a announcement tomorrow revealing the results of its recent solvency negotiations with the FSA. It also says that it has been informed of some “unusual trading” in its subordinated debt and that it has asked the UK Listing Authority to suspend trading […]

The Miles file

After three gruelling years in the equity market, investors do have something to celebrate in 2004. As I write in the final week of December, the FTSE 100 index is on course to finish the year in positive territory.The last time that savers enjoyed any gains from the London stockmarket was in 1999. In fact, […]

How costs went through the roof

Fourteen years ago, I had a dodgy looking flat roof. I went into my local builders&#39 store and sought advice from the expert.I clearly recall that the chap carefully assessed my situation. “Got a leaky roof, guv?”I told him: “Well, yes. Not quite leaky yet but what do you think?”He considered this further and took […]

DB transfers – one more factor to consider

Jim Grant – Senior Product Insight & Technical Support Analyst We look at how higher DB transfer values could cause a lifetime allowance issue and how that affects the advice process. Advisers are receiving an increasing number of requests from clients looking to transfer their pension from final salary schemes to personal pensions. This is a […]

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